What Copernico does

Copernico SIM S.p.A. is an Italian independent financial advisory firm (Società di Consulenza Finanziaria) headquartered in Udine, Italy, regulated by IVASS under registration number D000080945. The company provides personalized investment advisory services to affluent individuals and families across Italy, operating through a network of independent, regulated financial consultants (Consulenti Finanziari). Its core offering comprises five advisory services — Consulenza abbinata al Collocamento, Analisi di Portafoglio, Consulenza Spot, Consulenza Patrimoniale, and Consulenza Personalizzata — each tailored to specific client needs from one-time consultations to comprehensive wealth management. The firm's central differentiator is its structural independence from banking and insurance groups, which it leverages to deliver conflict-free, custom-built portfolios without pre-packaged products.

The company's service delivery is supported by a proprietary technology stack centered on the Halley II platform, an internal management system used by consultants for portfolio administration, account balance tracking, reporting, and integration with FidaWorkstation. A dedicated client portal (Area Riservata) and a dedicated client account convention with Sella Group provide the banking infrastructure for investment execution. The product shelf is enriched by partnerships with tier-1 global asset managers including BlackRock, Fidelity International, Goldman Sachs Asset Management, Flossbach von Storch, and CNP Assurances, giving consultants direct access to a broad range of investment products and research.

Copernico SIM operates a sales-led, relationship-driven go-to-market model. Revenue is generated through fee-based advisory services on a recurring basis, with pricing determined per engagement rather than through standardized packages. The company invests in content marketing (Copernico Magazine, Il Copernicano newsletter, podcasts, educational guides) and local sponsorships (Udinese Calcio, APU, rugby clubs) to build trust and generate leads. With paid-in share capital of approximately €2.0 million, no public listing, and no disclosed funding rounds or revenue figures, Copernico SIM presents as a privately held, domestically focused advisory firm whose scale signals are below those of listed Italian financial groups.

Name

Copernico

Legal name

Copernico SIM S.p.A.

Website

https://copernicosim.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

101–250 employees

Short description

Copernico SIM is an Italian independent financial advisory firm regulated by IVASS, serving affluent individuals and families through a network of regulated financial consultants. It delivers customized portfolio construction, wealth management, and investment advisory services independent of banking and insurance groups, supported by the proprietary Halley II platform.

Ownership category

akta.pro rank

Product category

Independent Financial Advisory

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Fee-Only Advisory (FSAEAAAL)

akta.pro secondary industries

Comprehensive Financial Planning (FSAEAAAA), Discretionary Portfolio Management (Retail) (FSAAAAAH)

Keywords

• Independent financial advisory
• Wealth management consulting
• Portfolio analysis services
• Investment advisory
• Personal financial planning

Headquarters

HQ city

Milan

HQ country

Italy

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Financial Advisory Services: Revenue generated through advisory fees for portfolio construction, management consulting, and investment advice services. The company operates on a fee-based model aligned with client interests, emphasizing independence from product commissions.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Copernico SIM provides independent, fee-based investment advisory and wealth management services to Italian individuals and families through a national network of regulated financial consultants. Core offerings include customized portfolio construction, portfolio analysis with reporting, spot consulting, patrimonial wealth consulting, and consulting combined with securities placement — all delivered without pre-packaged solutions and free from banking or insurance product-selling obligations.

Product overview

Copernico SIM is an independent financial consulting firm (not belonging to banking or insurance groups) offering a suite of advisory services. The core offering consists of five consulting services: Consulenza abbinata al Collocamento (consulting paired with securities placement), Analisi di Portafoglio (portfolio analysis with reporting), Consulenza Spot (ad-hoc consultations), Consulenza Patrimoniale (wealth management), and Consulenza Personalizzata (customized advisory). These services are supported by the Halley II platform, a proprietary financial management software providing account management, balance tracking, and FidaWorkstation integration. The company emphasizes its independence from banking and insurance groups to provide unbiased, client-focused investment strategies without pre-packaged solutions.

Differentiator

Problem solved

Functional benefit

Products and services

• Consulenza abbinata al Collocamento

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Six partnerships are on record, tiered core and minor.

• BlackRockcoreStrategic or Co-development PartnerBlackRock is shown as a key partner in the 'Our Partners' section. As a leading global asset manager, BlackRock provides investment products and research that support Copernico's portfolio construction capabilities.
• Fidelity InternationalcoreStrategic or Co-development PartnerFidelity International is listed as a partner, providing access to their mutual funds and investment research for client portfolio construction.
• Goldman Sachs Asset ManagementcoreStrategic or Co-development PartnerGoldman Sachs is featured as a key partner, providing investment products and market expertise that support Copernico's advisory services.
• Flossbach von StorchcoreStrategic or Co-development PartnerGerman asset management firm Flossbach von Storch is listed as a partner, offering multi-asset investment strategies for client portfolios.
• CNP AssurancesminorStrategic or Co-development PartnerFrench insurance group CNP Assurances is shown as a partner, providing insurance and protection products that complement wealth management services.
• Sella GroupcoreChannel Partner/ Reseller/ DistributorSella Group provides banking infrastructure through a dedicated account convention (Convenzione Conto Sella), allowing Copernico clients to open dedicated investment accounts.

Scale indicators3 records

Recent moves2 records

Expansion highlights6 records

Broad incumbents

• Banca Generali: Banca Generali is an Italian private bank specializing in wealth management via a network of financial advisors, part of the Generali group. Competes with Copernico for affluent Italian wealth advisory mandates via an advisor-led model.
• Banca Mediolanum: Mediolanum combines banking, asset management, and a large network of financial advisors (Family Bankers) serving affluent Italian households. Directly comparable GTM — advisor-led wealth advisory for Italian retail and affluent clients — though it is part of a larger banking group rather than truly independent.
• Fideuram (Intesa Sanpaolo Private Banking): Fideuram is Italy's leading financial advisor network, operating through private bankers under Intesa Sanpaolo. Competes with Copernico in the affluent-Italian wealth advisory segment but with bank-affiliated distribution, scale advantages, and a wider product range.
• Azimut Holding: Azimut is one of Italy's largest independent asset management and wealth advisory groups with a broad product shelf and multi-channel distribution. Comparable to Copernico SIM in the 'independent from banks' positioning, but operates at significantly greater scale with proprietary funds, a more developed advisor network, and broader product manufacturing.
• FinecoBank: FinecoBank is a leading Italian multi-channel bank with strong wealth management and advisory capabilities targeted at retail and affluent clients. Competes with Copernico for the same Italian affluent segment via a hybrid digital-plus-advisor model.

Direct peers

• Directa SIM: Directa SIM is an Italian online broker and independent financial intermediary offering trading, advisory, and portfolio services. Closest structural match to Copernico SIM as a standalone Italian SIM independent from banking groups, serving self-directed and advised retail clients.

Emerging players

• Moneyfarm: Moneyfarm is a digital wealth manager operating in Italy and the UK with discretionary portfolio management at low fees. Directly competes with Copernico for the same affluent-Italian segment but uses a fully digital model rather than human advisors, representing a cost-structure threat.

Regional players

• CheBanca! (Mediolanum group): CheBanca! is an Italian retail and affluent bank with wealth advisory services targeting similar Italian households to Copernico. Operates within the Mediolanum ecosystem rather than independently, representing the bank-affiliated model that Copernico's independence narrative competes against.

Market position

Weaknesses4 records

Competitive moat4 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/copernicosim

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Copernico